Plan Ledger DOL Form 5500 · updated monthly

Hawx Services LLC401(k)

HAWX SERVICES LLC 401(K) PLAN · OGDEN, UT · plan year 2024

Reported admin expense ratio · 2024
2.10%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Hawx Services LLC reported $37,660 in plan administrative expenses for 2024: 2.10% of average plan assets, higher than ~90% of peers. Employer contributions averaged $686 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.96% to 2.10%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Utah (746th of 848), and 1,923rd of 2,534 in administrative & support services. In 2024, employees put in $1.64 for every $1.00 the employer contributed; active participation has shrunk from 725 to 364 since 2022.

Plan summary
Net assets, end of year$2,101,363
Participants with balances101
Active participants364
Employer contributions$249,849
Employee contributions$410,708
Employer contribution per active participant$686
Average account balance$20,806
Benefits paid to participants$658,317
Plan auditUnmodified (clean) audit opinion
AuditorSQUIRE & COMPANY, PC
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 101 accts · $250K emplr
2023$1.5M · 126 accts · $272K emplr
2022$506K · 101 accts · $152K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,730
Total administrative$37,660
The Hawx Services LLC 401(k) match · 2024
Employer contribution per active participant$686
Median for plans this size$1,313
2024$686 per active participant
2023$539 per active participant
2022$209 per active participant

Hawx Services LLC's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$22,418
NATIONAL BENEFIT SERVICES LLC · Contract administrator · Other services$11,312
WEALTH NAVIGATION ADVISORS · Investment advisory (plan)indirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$37,660 · 2.10%
2023$22,860 · 2.29%
2022$4,855 · 0.96%
Same employer
Similar plansAdministrative & Support Services · Utah
Greenix Holdings, LLC UT$3.3M · 1.14%
Terratron, Inc. UT$2.5M · 0.56%
Fox Marketing, Inc. UT$2.1M · 0.39%
Plusone Company UT$2.0M · 1.07%
E Entities, LLC UT$1.1M · 2.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823477698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.